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S1003: Comprehensive Student Loan Protection Act (113th Congress)
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S1003: Comprehensive Student Loan Protection Act

113th Congress (2013–2015) · Senate bill · Sponsor: Sen. Coburn, Tom [R-OK]

This page covers S1003 in the 113th Congress. Bill numbers start over every Congress, so S1003 in another Congress is a different bill. Other bills numbered S1003 are listed below.


Key facts

Item Detail
Roll-call votes 1
Chamber Senate
Latest vote 2013-06-06: Cloture Motion Rejected (40-57, 3/5 majority required)
Latest action 2013-06-06: Cloture on the motion to proceed to measure not invoked in Senate by Yea-Nay Vote. 40 – 57. Record Vote Number: 142. (consideration: CR S3976-3977; text: CR S3977)
Policy area Education
Official record Congress.gov

What the bill does

Comprehensive Student Loan Protection Act – Amends title IV (Student Assistance) of the Higher Education Act of 1965 to set the interest rate on Direct Loans, for any 12-month period beginning on July 1 and ending on June 30, at the bond equivalent rate of 10-year Treasury bills auctioned at the final auction held prior to such June 1, plus 3%. Makes: (1) that formula applicable to Direct Loans first disbursed on or after July 1, 2013, and (2) the rate set on such loans applicable for the life of the loans. Requires any savings to the federal government that result from this Act's amendment to be used for deficit reduction.

Subjects: Budget deficits and national debt, Congressional oversight, Government lending and loan guarantees, Higher education, Interest, dividends, interest rates, Student aid and college costs


Roll-call votes on S1003 (113th Congress)

Every recorded vote on this bill, newest first, with a link to the official tally. Member-by-member positions are on each member’s profile.

Date Chamber Question Result Yea Nay Not voting Record
2013-06-06 Senate On the Cloture Motion S. 1003 Cloture Motion Rejected (40-57, 3/5 majority required) 16 32 0 Official tally

Other bills numbered S1003

S1003 in the 119th Congress (2025–2027): Lulu’s Law


Frequently asked

What is S1003 in the 113th Congress?

S1003 (Comprehensive Student Loan Protection Act) was introduced in the 113th Congress (2013–2015) by Sen. Coburn, Tom [R-OK].

What is the latest action on S1003?

On 2013-06-06: Cloture on the motion to proceed to measure not invoked in Senate by Yea-Nay Vote. 40 – 57. Record Vote Number: 142. (consideration: CR S3976-3977; text: CR S3977)

How many roll-call votes were held on S1003?

1 recorded vote in the 113th Congress. The most recent, on 2013-06-06, was "On the Cloture Motion S. 1003": Cloture Motion Rejected (40-57, 3/5 majority required).

Is this the same bill as S1003 in other Congresses?

No. Bill numbers restart each Congress. S1003 was also used in the 119th Congress for different legislation.